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Tag Archives: digital currency

Bank of Canada White Paper on Creating Digital Currency

Posted in Financial, FinTech

In November 2017, the Bank of Canada (“BoC”) released a white paper evaluating whether a central bank should issue a decentralized digital currency for general public use. The Central Bank Digital Currency (“CBDC”) model considered by the white paper would be different from the BoC’s Project Jasper (as summarized in our previous post) and from… → Read More

“Not Necessarily Regulation, but Regulation as Necessary”: Canadian Senate Committee Weighs in on Regulation of Digital Currency

Posted in Regulatory Compliance, Virtual Currency

In March of 2014, the Minister of Finance tasked the Standing Senate Committee on Banking, Trade and Commerce to examine the use of digital currencies. The Committee pursued an extensive fact-finding mission in Canada and in the United States, speaking with, amongst others, representatives from regulatory bodies, financial institutions, digital currency interest groups, law enforcement,… → Read More